Thursday, August 02, 2007

Bluebonnet Circle Condo Development

I'm not sure how I feel about this. An $8 million condominium development on South University Drive will move forward despite protests by residents who say the 59-unit project will overwhelm already tight parking in the area just south of Bluebonnet Circle in Fort Worth, the Startlegram sez.

Councilwoman Wendy Davis said she has mixed feelings about the project because the city is developing an "urban village" plan for the Bluebonnet Circle area that would call for lower-density residential development and a mix of retail and commercial businesses. "My preference would have been it be replaced by a town-home development," she said.

The three-story buildings will include 43 three-bedroom units and 16 four-bedroom units ranging from $240,000 to $275,000. The condos, expected to be completed by fall 2008, would replace 60 apartments built in 1955 that had inadequate parking. "Some of our investors will be parents of TCU students," said Mac Jones, a partner in the Austin development firm. "But we'll also have young professionals who want to live a similar lifestyle of downtown for much less."

Kevin? Bernie? Whadya think? Have y'all heard anything about the city's plan for the Circle?


Bernie said...

I haven't heard much about this, but I'm expecting a call from Ms. Davis this evening. I wonder if this is what it's about.

Steve-O said...

Wasn't able to make it to the mushroom tonight. Let me know if you heard anything.